My experience is(For early reversal trading entry)---If 3 different settings of MACD(say macd 3,10,9--macd 6,13,9--macd 12,26,9) show that momentum on all 3 settings has reversed(as evidenced by heights of histograms) say on 15 minute charts,THEN VERY HIGH CHANCE THAT TREND HAS INDEED REVERSED.Your comments/wisdom is invited.
In the last example where you mentioned that MACD didnt work, MACD actually worked by giving a signal much earlier when it moves below 0 before the crossover, which means that the market will go bearish.
We're always here, John. Also, why don't you suggest us some topic that you would want to learn about and we'll create a detailed video around it? Could be company or sector analysis, or some sort of concept explainer video on Technical Analysis or Options trading... Literally tell us whatever you'd love to watch :)
Awesomee! Why don't you suggest us some topic that you would want to learn about and we'll create a detailed video around it? Could be company or sector analysis, or some sort of concept explainer video on Technical Analysis or Options trading... Literally tell us whatever you'd love to watch :)
Thanks Prateek. Great explanation. I have one question. If I am looking at a weekly chart then the EMA periods (9,12 & 26) are weekly periods? or they are daily periods?
Please correct me if I am wrong, MACD is more about momentum than a trend. The crossovers show the end of a momentum, and then if the divergence happens, then the momentum is picking up. That's the correct interpretation, right?
You are a wonderful teacher. Well-explained videos and appreciated. A small humble request for you. When you use your native language if you can drop the English translation of those words much appreciated. Because I feel those words are very important because native language comes automatically with your Gut Feeling of that specific point. Thanks
Try simply entering all 3 MACD moving averages into a chart, (12, 26, 9) and you can see how distorted the MACD can be yet the baseline cross over will be the same. To understand the MACD you need to enter these 3 MA's.
Currently, we don't. But do let us know what exactly would you like to learn with regard to Forex and we'll try our best to share our insights around it :)
@@PrateekSinghLearnApp ...how to make money ...lol. Actually i am looking for a simple strategy; nothing to do with the hype around smart money...etc. just something that can make some money on a weekly basis. thank you
No, like there's no specific indicator just to identify sideway market. Anyways, a simple effective way to identify if the market is going sideways is to look at the price chart, and see if the prices aren't making any higher highs and higher lows OR lower highs and lower lows. PS. Use different timeframes to identify this and you will have a much clearer picture of what the trend looks like.
We have a program that teaches you how to automate trading strategies. Here's the link to it: learnapp.com/advanced-courses/amibroker-strategy-development-and-algo-execution
Is such a MACD indicator tool actually there ⁉️ in FYERS trading app to apply - looks like it’s better than Moving average or setting our own EMA !! Correct me if I’m wrong please I’m a student learning from few masters like you
Spent 3 yrs to understand MACD ...nobody tell the truth . Thank u so much😊
MACD works really well on 3 minute charts, i use it with mean reversion model
I really wanna appreciate you sir...your teaching is really helping me learn about trading
Thank you Prateek great explanation! with the heart of a teacher I finally understand MACD THANK YOU
My experience is(For early reversal trading entry)---If 3 different settings of MACD(say macd 3,10,9--macd 6,13,9--macd 12,26,9) show that momentum on all 3 settings has reversed(as evidenced by heights of histograms) say on 15 minute charts,THEN VERY HIGH CHANCE THAT TREND HAS INDEED REVERSED.Your comments/wisdom is invited.
Mine is showing only 12&26
Should i changed it to 12&9 or 9&26?
Please let me understand
You have done magnificent job weldon ,i am now understanding forex as the days goes by thank you si❤!
great explanation and editing
Thanks!
Good to see u MJ sir, after many years
Oh my god how do you know I’m MJ? So nice to hear from you. Please keep commenting will stay in touch that way :)
In the last example where you mentioned that MACD didnt work, MACD actually worked by giving a signal much earlier when it moves below 0 before the crossover, which means that the market will go bearish.
Thank you the knowledge is very helpful for beginners like me
I use it for intraday trading to gauge trend direction. Also get a sense of how long the trend will last depending on how far apart the lines are.
Does it work?
MACD can also be used an exit signal
Please explain how to apply on graph
Thanks for sharing this stragergy
We're always here, John.
Also, why don't you suggest us some topic that you would want to learn about and we'll create a detailed video around it? Could be company or sector analysis, or some sort of concept explainer video on Technical Analysis or Options trading... Literally tell us whatever you'd love to watch :)
@@PrateekSinghLearnApp can you do a video on will chatgpt help for trading?
Fantabulous, thank you very much Sir for this enlightenment
Very good video. Thank u
So clearly presented as usual.. keep up the good work!! Couldn’t wait to watch more videos from the team!!
Awesomee! Why don't you suggest us some topic that you would want to learn about and we'll create a detailed video around it? Could be company or sector analysis, or some sort of concept explainer video on Technical Analysis or Options trading... Literally tell us whatever you'd love to watch :)
Very good explanation
Nice learn to help direction of market....👍
Thank you :)
Thanks Prateek. Great explanation. I have one question. If I am looking at a weekly chart then the EMA periods (9,12 & 26) are weekly periods? or they are daily periods?
really nice editing
Thanks will pass it on to the team
Thank sir.
But you saying that we should change the macd crossing line 12/26 to 9/26?
I don't understand the EMA please can you explain it for me and what's it...
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So then how to use this strategy as a system to ensure that it works most of the time? Why not share that as well?
Please correct me if I am wrong, MACD is more about momentum than a trend. The crossovers show the end of a momentum, and then if the divergence happens, then the momentum is picking up. That's the correct interpretation, right?
Good point. Did you backrest this idea?
Nice info 👍
I believe the red line at 5:49 in MACD & not 9EMA. Correct me if I am wrong
so MACD went down & crossed 9EMA
Yes you are right
I like to see a trend cross up when MACD is above zeroline in the histogram or...just about crossing....
You are a wonderful teacher. Well-explained videos and appreciated. A small humble request for you. When you use your native language if you can drop the English translation of those words much appreciated. Because I feel those words are very important because native language comes automatically with your Gut Feeling of that specific point. Thanks
Thank you
Try simply entering all 3 MACD moving averages into a chart, (12, 26, 9) and you can see how distorted the MACD can be yet the baseline cross over will be the same. To understand the MACD you need to enter these 3 MA's.
For swing trading which are the indicators should I use?
Indicators should be used for confirmation, do not base your trades on it.
Si can I use this strategy in binary trading what is the expiry time
Should avoid binary options at all costs. It’s a scam.
hello bro, do you have signal channels
No, and please do not fall for anyone claiming to be us.
Good examples
Thank you!
How do I add this modified MACD on trading view? On trading view chart, I could find only the regular MACD version. Thanks
Hey you just click on the MACD indicator to change its settings to 12EMA and 26EMA in order to modify it.
@@PrateekSinghLearnAppokay but where are we to add the 9 you mentioned?
Because i only see 12&26
Hello.........you have anything concerning Forex..? thank you
Currently, we don't. But do let us know what exactly would you like to learn with regard to Forex and we'll try our best to share our insights around it :)
@@PrateekSinghLearnApp ...how to make money ...lol. Actually i am looking for a simple strategy; nothing to do with the hype around smart money...etc. just something that can make some money on a weekly basis.
thank you
Is this different from super trend?
Super trends are basically the combination of moving averages
Any indicator to identify side ways
No, like there's no specific indicator just to identify sideway market. Anyways, a simple effective way to identify if the market is going sideways is to look at the price chart, and see if the prices aren't making any higher highs and higher lows OR lower highs and lower lows. PS. Use different timeframes to identify this and you will have a much clearer picture of what the trend looks like.
@@PrateekSinghLearnApp thank you
00:08 come again???
Sir i am using moving average adaptor
use it only for confirmation of trends not for trading purpose
how i automate strategy
We have a program that teaches you how to automate trading strategies.
Here's the link to it: learnapp.com/advanced-courses/amibroker-strategy-development-and-algo-execution
How to put that 9 Ema with macd
Is such a MACD indicator tool actually there ⁉️ in FYERS trading app to apply - looks like it’s better than Moving average or setting our own EMA !! Correct me if I’m wrong please I’m a student learning from few masters like you
Yea, I mean every indicator has its pros and cons. You can find MACD in your broking terminal or any of the charting platoform like TradingView
MACD has two lines by default and then you add another line for 9EMA, so 3 in total. But your bottom chart only shows 2 lines. So what am I missing?
one line shows the difference between 12ema and 26 ema . And 9EMA line is the ema over macd line.
on Point Mohit
@@PrateekSinghLearnApp Most welcome, Parteek Sir
Lot of fake signals are generated when u try to capture early reversals..it’s a trap laid out by operators for retail people
yes Sandeep
Well explained i will do the Home work Sir
It should simply work to as a best tool to “EXIT” from a trade without applying predetermined stop losses
❤
Yea, good application🙌
🙏🙏🙏🙏🙏🙏🙏
All , we are explaining past example, but no body knows the future trend 😉
History repeats 💫
precisely the point, and you can always learn the lessons to be used in future.
@@PrateekSinghLearnApp smi erdogonic indicator are much faster than macd
But you learn and use it in the future, so what is your challenge?
a good reference tool. but little old way
Then what's the new way
Nice, but it doesn't fit for every stock, Name some of the stocks where this technique is suitable.
the number one big no no for anyone trading with MACD is using it as a trend indicator cos it's not built that way.
Time frame nhi btaya
Time frame bro
Monthly
Boring analysis ....but good animation..no technical information revealed in the video
Hey Rajeev let us know what did you find boring and we will improve on it
Presentation was goood but🤭
The one used in the video is a daily candle stick
Pura explaination ke baad , please dont buy and sell😂😂😂😂 uske liue to video dekha
Just by calling macd a trend indicator shows ur lack of knowledge on it!
Really!!....what all people do just for the sake of making a video!
Drink pidhi